• Located in Class A Location “On the Island” in Venice; Within Walking Distance of S Tamiami Trail / Venice High School and a few blocks from the Salty Dog Bar & Grill and Venetian Waterway Park
• 1959-Built Concrete Block Construction with Pitched, Composition Shingle Roofs
• Massive Value-Add Potential with Opportunity to Increase In-Place Rents by More than $250 Through Unit Interior Renovations
• Ability to Increase Effective Gross Income Over 25% By End of Year Two Through Unit Interior Renovations
• Extremely High Barrier to Entry Submarket; Only Two Apartment Complex Sales in the Last Five Years for Properties between 10 to 100 Units

• Class A Location Near Beaches, Parks, Hospital, and the Airport
• Within 0.2 Miles to Publix Grocery, Venice High School, and US 41 (S Tamiami Trail)
• 0.1 Miles Away From Venezia Park District, Which Includes a Playground, Picnic Area, and Biking Trail
• Within Walking Distance of S Tamiami Trail, Venice High School, Salty Dog Bar & Grill, and Venetial Waterway Park

San Marco Village is a 12-unit boutique apartment community ideally located ‘On the Island’ of Venice within the Sarasota County submarket, providing excellent access throughout the Sarasota-Bradenton- Northport MSA and proximity to Venice Municipal Airport (3 min drive) and the Venice Regional Bayfront Hospital (2 min drive). The seller has continued to improve and maintain the property which has completely transformed San Marco Village and will allow a new buyer to increase rents with minimal additional capital expense.

Each of San Marco Villages’ Three Two Bedroom/One Bathroom units and Nine One Bedroom/One Bathroom units includes tile flooring, updated kitchens and bathrooms, individual air conditioning (One 2/1 has central A/C), and contemporary fixtures. In addition, the bedrooms are well-sized, and the updated bathrooms have the tub and shower combos maintaining the unique charm of the property while modernizing. Exterior amenities feature sustainable landscaped grounds, an outdoor grill area, a courtyard, and numbered parking.

San Marco Village is in a premier Class A location for tenants to live efficiently and conveniently. The property is within a mile of Hospitals, Publix Grocery, Gas Station, Post Office, Beaches, and the Venezia Park District, a John Nolen design and popular nature park with shady walking trails, playground, picnic areas and biking in a community setting. Venice High School, Venice Middle School, Suncoast Technical School and Student Leadership Academy are all, also located within one mile of San Marco Village, providing both convenient recreational access and walkable educational campuses. Featuring some of the finest beaches in Florida, Venice Beach (dogs allowed on certain parts), Caspersen Beach and Manasota Beach are well known as beaches with lots of white sand shoreline to unwind and private space to relax. These gulf coast beaches and barrier islands have some of the whitest sand on the West Coast and it is a stunning place to watch the sun set over the Gulf of Mexico. Venice and the local beaches have been compared to locations such as Maui and Oahu in Hawaii and Bora Bora in French Polynesia.

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